Baidu Inc

BIDU remains in Stage 4 decline with persistent lower highs and lower lows under declining EMAs and notable volume on down days indicating distribution. There is no mean-reversion eligibility, confirming a bearish medium-term bias. Short-term price is in oversold territory, suggesting exhaustion and advising patience. Preferred execution is deferred selling on a rally into the declining 9/20 EMA resistance zone for a rejection.

• ↑AI business revenue reached RMB 13.6B, +49% YoY, >50% total
• ↑AI Cloud revenue soared 79% YoY, winning major enterprise deals
• ↓Total revenue RMB 32.1B rose 2% YoY but fell 2% QoQ, signaling volatility